Hedge Funds

Former Thomas Lloyd-Butler pm to roll out equity fund


Scott Chan, formerly a portfolio manager at Thomas Lloyd-Butler Capital Management in San Francisco, has teamed up with former colleague Jeffrey Tha to form Magnum Opus Capital Management.

The pair, along with CJ Jones of Wells Fargo Securities, are planning to roll out a long/short, market neutral equity hedge fund on June 1.

Magnum Opus Capital Partners will be similar to the strategy that Chan and Tha worked on at Thomas Lloyd-Butler. It will focus on three sectors which its partners know well: technology, energy, and cyclical stocks.